Dec 22, 2012 1:00pm PST
is hawaii. the house is out of session. the senate is adjourned. they are going to coming back on the 27th. that gives them five days. they have been talking about this fiscal cliff for months. last five days and they have to involves more than a trillion dollars and billions of dollars in tax hikes. how can they get it done? they won't. president on friday gave the all clear for members not to do a big package. he said, look, let's do a stopgap. in other words, let's stop everyone from having their taxes go up and do something smaller so on january 1st it's not just this big looming.... >> does that mean the president could offer extend the tax rates for six months and begin negotiating all over again beginning in january, obviously that would be the usual procrastination in washington, is that what you are talking about here? >> i think what will happen, the president will look for ways to gain the most leverage for himself. the conventional wisdom, democrats really gain power if january 1st comes along and everybody's taxes goes up. it brings revenues in the treasury and raises rates on
Dec 22, 2012 3:00pm PST
. >> reporter: it feels like it, the president is in hawaii and congress is out of town and the fiscal cliff negotiations are on hold for the holidays with no agreement in sight. john boehner is throwing the ball in the democrats' court saying the debt is too high, spending out of control and taxes should not go up. in the g.o.p.'s weekly address, he accused the president and the democrats of refusing to accept a reasonable compromise. >> the best way to address our crippling debt is to make significant spending cuts and fix our tax code. to pave the way for long term growth and opportunity. this is an approach most americans support and remains republicans' highest priority. but we only run the house. democrats continue to run washington. >> reporter: the president left town for his traditional christmas in hawaii and he and his family arriving there this morning and he has gotten in a round of golf already. before leaving the white house, he stayed back hayes spe-- scal back his expectations, and he said it is time for compromise. >> president barack obama: we move forward together sore we
Dec 29, 2012 1:00pm PST
and acting tough when he was just away for week in hawaii. everyone deserves a nice christmas holiday but not when we have serious issues that need to be addressed. i don't think the president has led on this. the american people are also partly to blame here. there was an election and he left in place everything the same. the house is the same. senate is basically the same. you voted for basically more of the same. american people don't escape blame either. >> gregg: van hollen basically has the same argument, he has been out for 12 days and vanhollen, boehner would not touk talk to him. i'm not sure i buy that. if it does go to the fiscal cliff and we go over it, sequestration would cut only $109 billion next year. that is actually not a lot in a budget of almost four trillion, is it? >> it's not a lot of the total number, half of that goes to defense which are own admirals and generals have said and secretary of defense would be devastating. this comes on top of -- $50 billion in one year to the defense. and it doesn't touch at all medicare and the other entitlement programs. >> gr
Dec 29, 2012 3:00pm PST
people with a concealed to carry permit from carry not guilty a school. >> hawaii, new hampshire, and oregon also allow teachers with permits to carry on campus. lawmakers in arizona and washington state looking into the idea. such proposals face stiff resistance from gun control advocates, including teachers unions. the american federation of teachers saying, quote, schools must be safe sanctuaries. not armed fortresses. heather, the debate will continue into the new year. >> heather: it certainly will. claudia, thank you. >> kelly: plane crash in russia today leaves four people dead. coming up, did officials fail to enact proper safety measures following a similar incident just days earlier? >> heather: plus, president obama's fiscal back up plan. should the president really be calling for a more scaled down agreement on the fiscal cliff without waiting to see what lawmakers come up with? we'll have a fair and balanced debate coming up. >> kelly: and countdown to new year's eve. we will have a live look at what goes into putting together one of the world's biggest celebrations.